1 bedroom Commercial Property for sale in High Street Shanklin PO37

Sale Price: £70,000

Shanklin, PO37 6JW

Commercial Property
1 Bed(s)
-- Bath(s)
Available

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Street Address

Shanklin, PO37 6JW

Property description

Situated in a prominent position on Shanklin High Street is this popular licensed café. The café caters for 26 covers inside supplemented by a further 6 covers outside. The license covers the hours of 10 am to 10 pm with the café actually opening between 9 am and 3pm giving new owners scope to extend the business.

The Copper Kettle offers a range of both hot and cold meals and snacks with daily specials and traditional ‘favourites’.

Entrance to the café from the High Street, serving counter and bar, kitchen with range of commercial catering equipment, WC.

The premises have the advantage of a lower ground floor flat, accessed via stairs from the back of the café, for the use of the owners consisting of a lounge diner, bedroom with en suite shower room and separate WC. Rear access at ground floor level. Parking is available by negotiation with the landlord. The premises are covered by CCTV.

There is a long history of a café/ restaurant on this site. The current owners have run the business for the past ten years and are looking to assign the remainder of the lease (approximately 17 years).

Rent £715 pcm to include insurance.

RATES
Rateable Value £7,600 payable at 0.482p before any small business relief.

Costs
Each party to be responsible for its own costs in any transaction.

Property Features :

  • Licensed Cafe
  • Prominent High Street Location
  • One Bedroom Accommodation
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